ICICI Bank names Girish Chandra Chaturvedi as non-executive Chairman
New Delhi, June 29 : The Board of Directors of ICICI Bank has approved the appointment of Girish Chandra Chaturvedi as non-executive part-time Chairman effective from July 1, 2018 subject to regulatory approvals, in the vacancy caused by cessation of term of M.K. Sharma (Independent Director & Chairman).
"This is to inform you that the Board of Directors of ICICI Bank at its Meeting held today appointed Mr. Girish Chandra Chaturvedi as an Additional (Independent) Director effective July 1, 2018 for a period of 3 years subject to the approval of shareholders. The term of office of M. K. Sharma expires on June 30, 2018," a regulatory filing by the lender in the BSE stated.
Private lending major ICICI Bank on June 18 announced the appointment of Sandeep Bakhshi as Whole Time Director and Chief Operating Officer (COO) designate as its MD and CEO Chanda Kochhar decided "to go on leave till the completion of the inquiry" in relation to the allegations levelled against her.
Following Sandeep Bakhshi's appointment as ICICI Bank Chief Operating Officer on June 18, ICICI Bank on June 19 had appointed N.S. Kannan as the Managing Director and Chief Executive Officer (CEO) of ICICI Prudential Life Insurance Company, "subject to regulatory and other approvals".
Let the Truth be known. If you read VB and like VB, please be a VB Supporter and Help us deliver the Truth to one and all.
Vehicle topples on Bhatkal-Byndoor road; Found to be transporting cattle amid fish
Byndoor: An attempt to transport cattle in an insulated vehicle designed for carrying fish came to light after the vehicle, being driven at high speed, toppled near Karikatte in Shiroor on Thursday night.
The vehicle, traveling from Bhatkal taluk in Uttara Kannada district to Byndoor, was loaded with trays of fish, with cattle placed in between. The driver reportedly lost control of the vehicle near Durgambika Halla at Karikatte, causing it to overturn on the road.
As the vehicle toppled, the cattle being transported along with the fish became visible. The driver is said to have fled the scene immediately after the accident.
A case has been registered at Byndoor Police Station, and an investigation is underway.
